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How a Project Manager manages Costs and timeThe raw material purchased at step one became the cost of goods sold when the client accepted the completion of the job. When the entry was made for the cost of goods sold and the finished goods inventory another entry would be made to record the sale (debit Accounts Receivable and credit Sales). At this stage labor and overhead costs have not been considered.
- Subject:
- Career and Technical Education
- Material Type:
- Lesson Plan
- Author:
- Mike lowrey
- Date Added:
- 01/20/2019
